26 Nov 2015 | 11:44 am |
International law firm Pinsent Masons has secured a key role on the administration of the law firm Parabis which entered into administration on Monday via a pre-pack process which saw the law firm split up and sold off.
Pinsent Masons partner Steven Cottee alongside consultant Jonathan Jeffries have both been appointed as Joint Solicitor Managers of Parabis.
The pre-pack administration saw Parabis' defendant insurance businesses, Plexus and Greenwoods, acquired by Plexus Law Limited, Carpenters acquired some of claimant business Cogent Law, Lyons Davidson also acquired parts of Cogent Law as well as Saga Law, medical reports company Premex Services acquired Parabis’ Argent Rehabilitation arm, loss adjuster Davies Group acquired Parabis’ Argent Property Adjusters and Argent Liability Adjusters businesses while Examworks Investigation Services bought Argent's claims investigation business.
Steven Cottee commented: “We were delighted to assist on this complex assignment and our role alongside the Joint Administrators from Alix Partners is focused on ensuring that clients’ interests are protected during this process.”
Pinsent Masons has a market leading practice in relation to law firm restructurings, having been involved with Halliwells, Cobbetts, Manches, Harris Cartier, Linder Myers, Davenport Lyons and Jeffrey Green Russell.
Multinational law firm Pinsent Masons has announced two acquisitions that will enable it to launch its flexible legal resourcing brand, Vario, into Germany.
International law firm Pinsent Masons has advised CANCOM SE on its share capital increase, valued at €174.2 million.
International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.
International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.
International law firm Pinsent Masons has appointed Ian Laing to lead its global infrastructure team.
International law firm Pinsent Masons is pleased to announce that Finance & Projects partner, Jim Hunwick, is joining the firm's Australia practice in Sydney.
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